Bitcoin slipped back under $91,000 after the Federal Reserve cut interest rates by 25 basis points, sparking short-term volatility across risk assets. On-chain metrics from Binance show Exchange Inflow Coin Days Destroyed dropping to 380, the lowest level since September 2017, signaling that long-term holders are largely avoiding deposits to exchanges. With BTC trading around $89,600 and price trapped between the 200-day and 100-day moving averages, the market sits in a fragile consolidation while whales appear reluctant to sell.

Following the latest FOMC meeting, where the Federal Reserve cut rates by 25 basis points, Ethereum slipped toward $3,160–$3,196 and market sentiment turned cautious. A well-known Bitcoin OG expanded a leveraged long to 120,094 ETH worth about $392.5 million, with liquidation set at $2,234.69, according to Lookonchain. With ETH still below major moving averages near $3,300, the position faces rising risk if volatility spikes or support around $3,050–$3,100 is revisited.

Ethereum has climbed above $3,300 and briefly approached $3,400, but many analysts still regard the broader trend as structurally bearish. On-chain data from Lookonchain shows whale trader BitcoinOG has expanded a leveraged long to 85,001 ETH, worth about $280 million, with more than $16 million in unrealized gains. This aggressive positioning comes just before an FOMC rate decision, leaving ETH trading between whale accumulation and macro uncertainty near the $3,380–$3,420 resistance band.

Ethereum has pushed above $3,350 after rebounding from the $2,800 area, raising doubts over how far the current momentum can run. Funding rates across major exchanges remain unusually low compared with earlier rallies, signaling limited leveraged long positioning, according to a CryptoQuant report. The price is trading near the 200-day moving average, with resistance concentrated in the $3,350–$3,400 band.

Ethereum rebounded above $3,150 after a volatile decline, while broader market sentiment remains split between expectations of further downside and hopes for a bull cycle into 2026. On-chain data from Hyperdash, shared by Lookonchain, shows several of the most profitable whale traders have opened Ethereum long positions totaling hundreds of millions of dollars. Large allocations by BitcoinOG, the Anti-CZ whale, and pension-usdt.eth indicate these players view recent ETH lows as a buying opportunity rather than a warning signal.

Bitcoin remains below $90,000 as long liquidations dominate derivatives markets. Data show the liquidation dominance oscillator reached 32%, one of the highest readings in three years. The asset is now testing the 100-week simple moving average after declining from $115,000 to the $86,000–$88,000 range.

Ethereum has dropped below $2,800 following a sharp decline, triggering widespread concern across the market. Open interest on Binance has collapsed by more than half over three months, according to a CryptoQuant report by Darkfost. After peaking at $12.6 billion on August 22, open interest has fallen to $6.2 billion, representing a 51% contraction and the elimination of nearly $6.4 billion in derivative positions.

Bitcoin trades under pressure below $90,000 following a sharp decline, yet order flow data shows the most substantial hidden-buying divergence of the current market cycle. Analysis indicates significant accumulation by large participants despite weak price action. This imbalance suggests institutional demand persists even as retail sentiment turns bearish amid renewed concerns over China policy and Tether reserves.

Ethereum fell below $3,000 on Sunday, declining toward $2,800 and intensifying market pressure. Data show whale wallet 0xdECF transferred 5,000 ETH—approximately $15.05 million—to Binance. Since October 28, the wallet has moved 25,603 ETH to exchanges, totaling roughly $85.44 million, while retaining 10,000 ETH worth around $30.34 million.